Thrivent Small-Mid Cap Equity ETF (NYSEARCA:TSME) Stock Short Interest Report for October

Thrivent Small-Mid Cap Equity ETF (NYSEARCA:TSME) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 9,193 shares, a decrease of 66.9% from the September 30th total of 27,804 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 60,052 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Thrivent Small-Mid Cap Equity ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sunbelt Securities Inc. increased its position in shares of Thrivent Small-Mid Cap Equity ETF by 70.4% during the 1st quarter. Sunbelt Securities Inc. now owns 32,236 shares of the company’s stock valued at $1,340,000 after purchasing an additional 13,316 shares during the period. Capital Analysts LLC grew its holdings in Thrivent Small-Mid Cap Equity ETF by 55.2% during the second quarter. Capital Analysts LLC now owns 16,430 shares of the company’s stock worth $861,000 after acquiring an additional 5,846 shares during the period. Safeguard Investment Advisory Group LLC acquired a new position in Thrivent Small-Mid Cap Equity ETF during the second quarter worth about $203,000. RMG Wealth Management LLC acquired a new position in shares of Thrivent Small-Mid Cap Equity ETF in the 1st quarter worth approximately $95,000. Finally, Center for Financial Planning Inc. bought a new position in shares of Thrivent Small-Mid Cap Equity ETF in the third quarter valued at $81,000.

Thrivent Small-Mid Cap Equity ETF Stock Down 2.7%

Thrivent Small-Mid Cap Equity ETF stock traded down $1.26 during trading hours on Friday, hitting $45.73. 832,203 shares of the company traded hands, compared to its average volume of 82,035. Thrivent Small-Mid Cap Equity ETF has a 1-year low of $38.38 and a 1-year high of $52.37. The firm has a market cap of $887.16 million, a P/E ratio of 19.48 and a beta of 1.28. The firm’s 50-day simple moving average is $46.39 and its two-hundred day simple moving average is $46.61.

About Thrivent Small-Mid Cap Equity ETF

The Thrivent Small-Mid Cap ESG ETF (TSME) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed, non-transparent ETF that invests in stocks of global mid- and small-cap companies screened for long-term sustainable business models and ESG commitment. The fund utilizes the Natixis\u002FNYSE non-transparent model. TSME was launched on Oct 5, 2022 and is managed by Thrivent.